USDA Releases First Tranche of IRA Funding

USDA will honor the contracts already in place with farmers, releasing $20 million in funding. The contracts included in this tranche of funding are the Environmental Quality Incentive Program, Conservation Stewardship Program and Agricultural Conservation Easement Program. Additional announcements will be made as USDA continues to review the Inflation Reduction Program funding. The USDA statement said it will honor its obligation to support farmers and ranchers, but not DEI or climate programs.